The biggest splash occurred when Wes Welker moved on from Tom Brady and into the arms of Peyton Manning. The Patriots reportedly offered the prolific slot receiver $10 million plus incentives for two years. The Broncos offered $12 million for the same time frame. This move creates a ripple effect in Denver. Eric Decker‘s fantasy value takes a hit along with the Broncos’ tight ends. Downgrade the fantasy value of Welker also. It’s hard to catch 100 passes with Demaryius Thomas on the outside… but our own Dave Stinger doesn’t agree.

Injury history is a huge red flag with Amendola.

After losing Welker, the Patriots turned right around and picked up Danny Amendola to fill the void. Long thought of as a poor man’s Wes Welker, Amendola’s fantasy value took a jump today but his huge injury risk limits his leap. He’s missed 20 games in the last two years.

If the Patriots hold firm with the receivers they have now, the biggest beneficiary may be TE Aaron Hernandez who is capable of playing in the slot and could rack up huge numbers if Amendola continues to demonstrate his brittle nature.

After a quiet Day 1, the running back position made some noise as Reggie Bush left South Beach for Detroit, signing a four-year deal. This gives Bush added upside but with Mikel Leshoure still in the mix and likely to get goaline carries, Bush’s value will be greatest in PPR leagues with 60 catches a real possibility.

Rashard Mendenhall reunites with Bruce Arians as the former Steelers running back signed a one-year deal with Arizona. Mendenhall tried to come back last season after tearing his ACL in early January of 2012. He never rushed for more than 50 yards in any game. If Mendenhall can win the starting job over Ryan Williams he may slide into low-end RB2 territory but with injury concerns and no quarterback play, that’s wishful thinking.

Tennessee added depth at running back, picking up Shonn Greene from the Jets. Both Greene and Chris Johnson take hits to their fantasy value with this move. Greene could become a vulture at the goaline and gives the Titans the option to form a RBBC if desired. This is still CJ2K’s starting job but a 65-35 split wouldn’t surprise me.